Analysis of Inventory
Inventory Disclosure
FedEx Corp., balance sheet: inventory
US$ in millions
| May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Spare parts, supplies and fuel, less allowances | 614) | 604) | 637) | 587) | 572) | 553) |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).
| Item | Description | The company |
|---|---|---|
| Spare parts, supplies and fuel, less allowances | Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. | FedEx Corp. spare parts, supplies and fuel, less allowances decreased from 2022 to 2023 but then slightly increased from 2023 to 2024. |